Highlights

  • Cadence Capital Ltd approaches the 15 December 2026 ex-date for its scheduled AUD 0.01 interim payment.
  • The upcoming distribution carries 100% franking and is scheduled for payment on 23 December 2026.
  • FY26 fund gain 20.1%, beat index by 14.4%.
  • Cadence Capital Ltd enters its next reporting period with company-specific Business and capital-management priorities.

Cadence Capital approaches its December Interim Dividend with a completed FY26 return record and updated asset values already available to shareholders. The Investment company reported a 20.1% fund gain in FY26, outperforming its index by 14.4 percentage points. The scheduled AUD 0.01-per-share distribution follows a year in which the company also reported positive statutory earnings. Cadence Capital Ltd (ASX:CDM) is approaching its next interim distribution, with an AUD 0.01 payment per security marked ex-dividend on 15 December 2026 and payable on 23 December 2026. The indicated franking level is 100%, and at an AUD 0.73 security price the listed distribution Yield is 1.37%. These dates and figures relate specifically to CDM; they should not be confused with dividends or distributions for other securities issued by the same corporate group.

Corporate Developments Set the Context

For FY26, Cadence recorded profit before tax of AUD 47.4 million and profit after tax of AUD 33.4 million. The company announced a 3.0-cent fully franked final dividend and a separate 1.0-cent fully franked Special Dividend for that reporting period. Those earlier declarations are distinct from the forthcoming December interim dividend.

Financial Performance and Capital Management

Cadence reported estimated net tangible assets at 30 September 2026 of AUD 0.766 per share before tax and AUD 0.976 per share after tax. The company’s September newsletter described a 3.9% decline in the portfolio during the month, compared with a 2.5% fall in the All Ordinaries Accumulation Index. The quarterly portfolio decline was 3.6%, showing that a strong prior financial year does not imply uninterrupted monthly performance.

Next Milestones and Outlook

The listed investment company seeks above-market risk-adjusted returns over time through listed equities, with the investment team also holding shares alongside investors. Its next published portfolio reports will give shareholders updated asset values and performance comparisons. Future dividends will depend on company decisions, profits, franking capacity and portfolio outcomes.

Why the Distribution Timetable Matters

The CDM ex-dividend date of 15 December 2026 is the first key date in the stated timetable, followed by the payment date of 23 December 2026. The indicated AUD 0.01 amount and 100% franking describe this particular distribution rather than an annualised guarantee. At the stated AUD 0.73 price, the listed yield is 1.37%. Those measures should be read together with the latest company results, any applicable security terms and the reporting period to which the operating numbers relate. An announced payment cannot establish the level or timing of later distributions.